Decline in German industrial production stronger than expected

NAMPA / DPA

2024-11-07

Frankfurt (dpa) - Production in German industry has fallen unexpectedly sharply, partly due to weak performance in the automotive sector, the Federal Statistical Office (Destatis) reported on Thursday. In September, total production decreased by 2.5% compared to the previous month, Destatis said. Analysts had anticipated a decline on average, but only by 1%. Year-on-year, the production decline intensified, from a revised 3% in August to 4.6%. Ad......

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